Proceeds of taxes Non-proceeds of taxes Total revenue
Operating Revenue: Account
Property Taxes 4000 24,368,223 24,368,223
Sales and Use Tax 4100 18,880,000 18,880,000
Electric Franchise Fee 4200.02 900,000 900,000
Cable TV 4200.03 - 1,202,000 1,202,000
Transient Occupancy Tax 4200.04 6,555,000 6,555,000
Documentary Stamp Tax 4200.05 750,000 750,000
Excise Tax 4200.06 891,000 891,000
Public Safety SB509 4200.07 525,000 525,000
Business License 4300.01/.02 720,000 720,000
Animal License 4300 176,000 176,000
Motor Vehicle in Lieu 4400.03 104,000 104,000
Post Reimbursement 4400.05 15,000 15,000
Mandated Cost Reimbursement 4400.06 - -
Delta RATT 4400.26 90,000 90,000
Comm Cor Partership Task Force 4475.25 200,000 200,000
Charges for Service 4550 9,611,625 9,611,625
Fines and Forfietures - Local Ordinance Vio 4650.01 45,000 45,000 Fines and Forfietures - Vehicle Code Fines 4650.02 55,000 55,000 Fines and Forfietures - Alcohol Lab Fees 4650.03 500 500 Fines and Forfietures - Code Enforcement 4650.04 165,000 165,000 Licenses and Permits - Other 4650.06 500 500
Investment Earnings 4700.01/.21 - -
Other Revenue - Rental of Property 4850.04 400,000 400,000 Other Revenue - Miscellaneous Receipts 4850.12 4,000 4,000 Other Revenue - Donation - Parks Memoria 4580.38 - -
Cost Recovery Revenue Successor Agenc 4999.03 - -
Transfers In - Information technology 4900.83 - -
Transfers In - Equipment 4900.84 - -
Other Miscellaneous Revenue 18,000 18,000
Total, before interest allocation 52,869,223 12,806,625 65,675,848 Percentage of total revenue 80.50% 19.50% 100.00%
Interest allocation 583,627 141,373 725,000
Total 53,452,850 12,947,998 66,400,848
City of Manteca
Proceeds of Taxes Calculation
Fiscal Year 2022-23
ATTACHMENT 2
I. Calculation of Appropriations Limit:
Fiscal Year 2022 Appropriations Limit $87,224,839
a. CPI Factor (change in California per capita income) 1.0755 b. Population Factor (Change in City population) * 1.0219 Change Factor (a. x b.) 1.0991
Fiscal Year 2022-23 Appropriations Limit $95,864,760
II. Calculation of appropriations subject to the Appropriations Limit:
Fiscal Year 2022-23 Budgeted General Fund Revenue $66,400,848 Less: Non-proceeds of taxes ($12,947,998)
Total FY 2022-23 appropriations subject to the Appropriations Limit: $53,452,850 Remaining Capacity $42,411,910
Percent change over prior year 7.55
(a) Per capita COLA (7.55 +100)/100 = 1.0755
City of Manteca Population % ∆ = 2.19
(b) Population converted to ratio (2.19 +100)/100= 1.0219 Calculation of factor for FY 2022-23: 1.0755 x 1.0219
Obtained from the Department of Finance (Price Factor and Population Information) Letter. Letter can be obtained via Internet in May:
http://www.dof.ca.gov/Forecasting/Demographics/
Appropriations Limit Calculation
Fiscal Year 2022-23
Proposed Budget
ATTACHMENT 2